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Alexus [3.1K]
2 years ago
4

The continuously compounded return of Mordice Corporation shares for the period August 1 to August 15 is closest to:__________

Mathematics
1 answer:
Ilia_Sergeevich [38]2 years ago
7 0

Answer:

The continuously compounded return of Mordice Corporation shares for the period August 1 to August 15 is closest to:______6.90%

Step-by-step explanation:

The question is incomplete. This is the complete version

The weekly closing prices of mordice corporation shares are as follows;

Date. Closing price

Ist August. 112

8 August 160

15 August. 120

Solution

The continuous compounded return of mordice corporation shares can be calculated by taking the natural log change

In(120/112)*100= 6.89% which is closest to 6.90%

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